Read this thread:
http://forum.xbmc.org/showthread.php?tid=152691
From Davilla:
"In fact, I did an extensive search to find a reference AMP that did support AAC and found none. So I doubt that none exist and I'm not sure why it was ever added as a passthough format."
"aac passthrough is a classic snipe hunt, it does not exist."
"Without some sort of physical audio receiver that can indeed accept AAC audio format, there is no way to tell. And I highly doubt that any Bose system would be capable of it. In fact.... (wait for it) no audio receiver on the market does."
From warped-rudi
"Looking at the current "Frodo" source code, I'd say that the option "AAC capable receiver" doesn't do anything at all. The only class that honours it is CDVDAudioCodecPassthroughFFmpeg. However, this class is used on Apple targets exclusively and - as seen here - is only instantiated for AC3 and DTS."
So, AAC passthough doesn't work on xbmc on any platform and is supported by virtually no TV/receiver.
So, AAC passthrough will never be supported on the Pi.
There is a chance multichannel PCM will be added at some point, allowing 5.1 AAC to be decoded on ARM and output as 6 channel PCM,
but it's not a priority (but obviously far more useful than AAC passthrough).